Ethereum Earned Less Than a 3-Month-Old Robinhood Chain Last Quarter

Robinhood Chain generated about $51 million in network revenue in its first quarter of operation. Ethereum (ETH) brought in roughly $41 million over the same period. ARK Invest reported the figures in its DeFi Quarterly covering the third quarter of 2026. Its data shows Ethereum’s network revenue fell about 35% from the second quarter. Ethereum Missed Out on a Rebound Quarter Across the networks in the report, revenue rose about 24% from the second quarter to roughly $349 million. The total sat about 47% below its level a year earlier. ARK said the quarter marked the first increase in 5 quarters. It credited the rise to Solana’s (SOL) recovery and Robinhood Chain’s debut. Ethereum also lost ground in tokenization .

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